Types of Japanese Candles in Technical Analysis
Types of Japanese candles in technical analysis
3 main types:
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1️⃣ Bullish candles (📈 Positive)
Color: 🟩
Description: Closing above the opening.
Indication:
Buying strength → Likelihood of continuation or beginning of an upward trend.
Usage:
After a drop → Possible buy signal.
During an upward movement → Confirmation of upward continuation.
Recommended with:
✅ Breakthrough Resistance
3 main types:
---
1️⃣ Bullish candles (📈 Positive)
Color: 🟩
Description: Closing above the opening.
Indication:
Buying strength → Likelihood of continuation or beginning of an upward trend.
Usage:
After a drop → Possible buy signal.
During an upward movement → Confirmation of upward continuation.
Recommended with:
✅ Breakthrough Resistance
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XRP
2.396
+1.93%
